
4 March 2020 | 0 replies
The lender was Prime Lending they are a large national lender.
4 March 2020 | 3 replies
If all else fails you can look at private money but work hard contacting local mortgage companies first (and look to the national ones if need be).

5 March 2020 | 3 replies
This was a small local bank that held it.The other was a nation-wide bank.

12 March 2020 | 9 replies
So I want to break down the deal below, and get a few of your suggestions on what our next move should be AFTER the rehab.Found the deal at an auctionIt is a single family home, 2935 sq ft, 4 bd, 3 bth in and absolutely FANTASTIC neighborhoodPaid $150,000 for the housePaid about $6500 to closeAppraisal came back at $187,500 and it hasn't been updated since the 90s as far as inside appearanceNo major flaws, mostly cleanup, cosmetics and updatingFactored in $30,000 for the repair costs (roof, flooring, paint, kitchen/bathroom updates)We put $30,000 down for down payment$120,000 will be financed at 4.5% PITI is $1030 (after remodel PITI will go down as we are switching to a landlord policy)After remodel will rent between $1500-$1700, maybe more but doing a little digging on corporate rentalsWorst case will cashflow right around $300 per month ARV will be in the range of $250,000 on the low end.

6 March 2020 | 8 replies
Each group is pandered to with different a psudo gin-ed up problem (advertised to), and given their supposed savior national candidate to (hopefully) vote for in a primary, and then the actual primary votes do not really matter and the "Seller" chooses the predetermined runner for the National Election (hoping that because the SJW's "Felt" support for their interim media propped up (false) savior, they will Vote for the "Sellers" chosen National Candidate.In a nutshell, it seems one way to stop those local's who align themselves with the "Seller" from implementing these laws, is not educating the locals (they are missing the point of this and actually solving the made up problem), might be to somehow appeal to the National part of it.

10 March 2020 | 8 replies
My husband and I recently moved back to our hometown of Gainesville, FL, and we are looking to connect and network with other investors in the Gator Nation!

6 March 2020 | 3 replies
He mentioned that he would be responsible for all construction and lining up tenants(he already lined up a major national tenant and he has relationships with a few regional ones).

5 March 2020 | 1 reply
Here is what I'm contemplating..Corporation A - Holding Company (Passive Corporation) Each property under this corporation requires its own, separate corporation.

9 March 2020 | 13 replies
I talked with a large national bank yesterday about refinancing a conventional primary home loan for my daughter and they quoted 4.5!

5 March 2020 | 0 replies
Should we approach online lenders,national banks, regional banks,local banks or credit unions?